Oasis vs PEO360

Paychex acquired Oasis Outsourcing in 2018 for $1.2 billion in cash. Oasis Outsourcing was an ESAC-accredited human resources services company based in Florida that offered services in human resources, employee benefits, and payroll processing. The acquisition was about building revenue, and Paychex aimed to grow its human resource outsourcing capability and extend its technology to a new client base as part of the acquisition. While Oasis initially operated as its own entity, it is now fully part of the Paychex brand as one of the available solutions in "Paychex HR."

PEO360 is a PEO broker that strives to simplify the selection of Professional Employer Organizations (PEOs) for businesses. They offer unbiased guidance, saving time and money for clients through personalized evaluations of top PEOs. While advantages include zero cost, time efficiency, and tailored solutions, potential drawbacks involve the lack of direct administration by PEO360 and the possibility of added costs from chosen PEOs. 360 is a valuable ally for businesses as they navigate the intricate landscape of HR solutions.